WorldWater Breaks Ground on 2 MW Airport Project (Fresno, CA)

[jpak]

http://www.solarbuzz.com/News/NewsNAPR833.htm

System integrator, WorldWater & Solar Technologies yesterday held an official groundbreaking ceremony for the construction of a large scale solar electric system at Fresno Yosemite International Airport. The 2-megawatt installation is scheduled for completion by early 2008 and will be operated by WorldWater under a 20-year power-purchase contract awarded by the Fresno City Council. It is the largest solar project at any airport in the United States.

At the ceremony, Russ Widmar, Fresno Aviation Director said, “This is an exciting day for an airport that prides itself as a leader in technology. Our new solar system should save the airport about $13 million dollars over the next 20 years as well as help protect the environment with a major renewable energy source.”

Frank W. Smith, WorldWater’s Chief Operating Officer also commented, “Solar is the ideal power solution for airports. Approximately five acres of raised solar panels will not only provide electricity but shade for rental car lots. An additional 20 acres of ground mounted photovoltaic arrays were approved by the FAA for installation in a portion of the airport’s approach zone where occupied structures are not allowed, so otherwise unused real estate becomes a valuable asset.”

Quentin T. Kelly, Chairman and CEO of WorldWater & Solar Technologies Corp. commented on the event from the company’s headquarters in New Jersey. “This is an important milestone for solar in the United States and reflects our strengths as a company. We can design and build large scale, technologically efficient systems on fast-track schedules under power purchase agreements that require no out-of-pocket cost for the customer. The customer saves substantially on long term electric costs and we manage the system. It’s a formula for success!”

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[Dont_Bogart_the_Pretzel]

1. This is so cool

:thumbsup: I hope this works out, and other airports do this also.

[A HERETIC I AM]

2. Citing a corporation doing good things is contrary to many DU'rs sensibilities

If you read many threads on DU, you would get the impression that it is impossible for a "Corporation" to do ANYTHING good. It just doesn't happen. Particularly if they have (gasp) "stockholders" that work with Wall Street "Fat Cats".

Didn't you know that?

BTW, Worldwater and Power Corp. (symbol WWAT) is traded on the NASDAQ Bulletin Board (Considered a "Microcap" company) and at 11:53 today was at $1.93/share, up $.10

http://www.worldwater.com/pages/investor.html